How is maintenance calculated? Lets say husdand is earning 1 lac per month and wife is earning 25,000 per month after tax deductions.
We also have a 5 year old kid. I have subscribed to child's education insurance policy in child's name and paying a monthly premium of that policy amounting to Rs. 8,500 per month. The policy term is 21 years. I have been paying premiums for last 5 years. The child will get the insurance payout for education in 5 installments when he reaches 15,18,19,20,21 years of age. After the policy matures at his age of 21, he will get further bonus and garunteed additions which is substantial amount.
I have following questions:
A: Will these child's education insurance premium be taken in to consideration while deciding the child support?
B: Can wife file for maintenance under CRPC 125 or DV act?
C: if she doesnt file how will judge order maintenance while awarding the divorce decree?
D: How can outside court settlement/negotations be carried out?